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New Deal


Announced

Completed

Coinbase completed the acquisition of Zabo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Completed

cryptocurrency

Single Bidder

Acquisition

Private

Domestic

crypto wallet

Majority

Payments / Commerce

Synopsis

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Coinbase, a cryptocurrency exchange, completed the acquisition of Zabo, a startup that allows to connect any crypto wallet to any application. Financial terms were not disclosed. "We've been lucky to know multiple folks on the Coinbase team for years. We saw that there were amazing opportunities to work together, which led to us officially joining forces," Christopher Brown, Zabo Co-Founder.

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